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serious [3.7K]
3 years ago
12

Suppose you deposit 1000 ​$ in a savings account that pays interest at an annual rate of ​4%. If no money is added or withdrawn

from the​ account, answer the following questions.
How much will be in the account after 3 ​years?
b. How much will be in the account after 16 ​years?
c. How many years will it take for the account to contain 1,500 ​$​?
d. How many years will it take for the account to contain 2000​$​?


Some one please helppppppp mee
Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
7 0

Answer:

a. 1124.86

b.  1872.98

c. 10.35

d. 17.7

Step-by-step explanation:

use the formula A(t) = a (1+r)^t

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Step-by-step explanation:

The point-slope form of equation is : y - y₀ = m(x - x₀), where (x₀, y₀) is any point the line passes through.

m = -³/₅

(-5, -4)    ⇒   x₀ = -5,  y₀ = -4

Therefore:

y - (-4) =  -³/₅(x - (-5))

y + 4 = -³/₅(x + 5)      ←  the point-slope form of the equation

y + 4 = -³/₅x - 3              {subtract 4 from both sides}

y = -³/₅x - 7               ←  the slope-intercept form of the equation

³/₅x + y = - 7                     {multiply both sides by 5}

3x + 5y = - 35               ←  standard form of the equation

5 0
3 years ago
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Answer:

Option A

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5 0
3 years ago
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Answer:

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Step-by-step explanation:

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